Browsing: Banking sector

The Central Bank of the UAE (CBUAE) has imposed a financial penalty on a bank operating within the Emirates.

The UAE Central Bank (CBUAE) fines an undisclosed bank AED 5.8 million for AML violations.…

Arab Bank Group Reports Robust Profit Growth Arab Bank Group reported solid results for the…

Dubai: Abu Dhabi Islamic Bank (ADIB) has announced a remarkable 30% increase in net profit…

Mashreq Bank reported a significant increase in its half-yearly profit, reaching Dh4.05 billion, up 13.8%…

Banks in the GCC region are showing a strong desire to expand their presence in major regional markets, particularly Turkey, Egypt, and India, according to Fitch Ratings on Tuesday. This is driven by improved economic conditions and growth opportunities in these target markets.

The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified…

Through the combination of UBS Middle East and Credit Suisse, UBS is now the leading…

Ajman Bank has reported its highest ever net profit for the first half of 2024,…

The first quarter of 2024 saw a surge in credit facilities extended by UAE banks…